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re: 401k vs.Student Loan question
Posted on 3/30/15 at 7:53 pm to fatbs
Posted on 3/30/15 at 7:53 pm to fatbs
As others have said, and I'll repeat - do not cash out the 401.
If you can get a deferment on the 3% loan, hell, that's a low enough rate where you might consider doing that even if you could pay it off today. If the rate is low enough, debt is a *good* thing, so get used to having some and handling it well.
If you can get a deferment on the 3% loan, hell, that's a low enough rate where you might consider doing that even if you could pay it off today. If the rate is low enough, debt is a *good* thing, so get used to having some and handling it well.
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